TradFi Giant New York Life Enters On-Chain Finance: $807B Manager Launches Tokenized High-Yield Bond Fund via Centrifuge
New York Life Investment Management (NYLIM), the formidable $807 billion asset management division of insurance titan New York Life, has officially entered the burgeoning world of on-chain finance. The firm announced its inaugural tokenized fund, a strategic partnership with tokenization platform Centrifuge, marking a significant step for traditional financial institutions (TradFi) into the digital asset … Read more
